Blog - Read, Watch and enjoy!

I am a Realtor specializing in the investment side of Real estate. Whether you are looking for a home purchase or an investment opportunity. I can guide you through the entire process, building your wealth portfolio.


A little bit about me, I am a licensed Realtor in the state of CA with eXp Realty CA, and a leading authority on Redondo Beach, Hermosa Beach, Torrance, and surrounding areas in the South Bay Beach Cities of Los Angeles. My love for the communities I live and work in is why I do what I do. Stop by the office and experience the Kevin Scott Real Estate way of Redondo Beach area real estate. My team and I are solutions-based Realtors and investors who specialize in helping homeowners transition into or out of a home. We can even purchase your property directly.


Since we are Agents, Investors, and problem solvers, we can help with your particular real estate needs.

Questions About My Property

What to do while you wait for probate?

July 29, 2021

By Kevin Scott

It's important to consider where you are in the probate process. If you're still waiting for the court👩🏻‍⚖️ to approve the sale of the property, there's not much you can do. You will have to wait for court approval. So, what do you do while you wait for the probate process?


Hi, I'm Kevin, with Kevin Scott Real Estate, EXP Realty, here in the South Bay beach cities 🏖 of Los Angeles. I am also a certified probate and trust specialist.


While you wait, there are a number of things that you can do to start preparing for the eventual sale of the property. This is important because it will help you save time once the house is ready to go on the market. One thing you can do to expedite the process is to be appointed the personal representative.


The PR is the executor named in the will. If there is no will in place, the PR is the administrator. This appointment will make the sale similar to a typical home sale and you won't have to go back to the court for continuous approvals, which is very time-consuming and expensive.


There's no better time to sell any item, including your inherited home, when the demand is at an all-time high and supply is low.


This is exactly that time, where you'll be able to negotiate your best possible price and terms. You'll want to keep in mind 🤔 that the agent you select makes all the difference.


Since I am relaying helpful information, please seek the advice of an estate attorney. I am Kevin from Kevin Scott Real Estate, eXp Realty, here in the South Bay beach cities of Los Angeles. Turning houses into homes. 🏡

Quick Property Search

Probate First Step!

July 24, 2021

By Kevin Scott

Have you been declared the personal representative of an estate? Where do you start? 🏁 Now that you know what probate is and what to expect in the process, let's discuss the first steps.


Hi, I'm Kevin with Kevin Scott Real Estate, EXP Realty, here in the South Bay beach cities of Los Angeles. I am also a certified probate and trust specialist.


Your first step will be to go to family and probate court in the county where the diseased person lived. This is where you will file a will, a copy of the death certificate, and a petition to be formally appointed as the personal representative. Once you've done this, you will receive letters of testamentary.


When your request is approved, these letters are proof that you're the legal authority to collect and manage the estate's assets. Keep in mind that it can take up to several weeks, or more, for you to receive your letters.


Your responsibility as a personal representative is to collect, inventory, and protect the assets of the estate and pay valid debts and taxes. After debts and taxes have been paid, you'll be able to distribute the remaining property as the will directs.


You will want to have a strong team of professionals available to help you through this process. A good probate attorney, a tax professional, and, if the estate includes real estate, a strong realtor can help you make the process much easier and smoother as a personal representative.


Since I'm just relaying helpful information, please seek the advice of an estate attorney.


I'm Kevin with Kevin Scott Real Estate, eXp Realty, here in the South Bay beach cities of Los Angeles. Turning houses into homes. 🏡


Differences between Full Authority

and Limited Authority

July 19, 2021

By Kevin Scott

So now that you're entering the probate process, you're hearing terms such as full authority and limited authority. What's the difference? Keep watching to find out.


Hi, I'm Kevin with Kevin Scott Real Estate, eXp Realty, here in the South Bay beach 🏖 cities of Los Angeles. I'm also a certified probate trust specialist.


If at all possible, you as the administrator or the executor of the estate, you want to have full authority. This will allow you to sell the house and the assets in the estate, in this case, the property, without having to go through the court approval process. Full authority also allows you to avoid the overbid process in court confirmation.👩🏻‍⚖️


Limited authority is less ideal. If you're dealing with the estate and assets within the limited authority, you will have to sell the property for 90% of the evaluation the referee comes to. The referee is appointed by the court and values a property. Once you have an offer from the buyers, you will need to go get court confirmation on the sale of the property. Another gotcha of limited authority is there's an overbid process. That will happen at court confirmation. This is where additional part, buying parties, can come in and offer a higher price, even after you've been in contract with another buyer for months.


With limited authority, it can take months for this whole process to run its course. Whereas, with full authority, it's very, very close to a regular home sale transaction.


I would highly recommend using a qualified estate planning attorney🤵🏼‍♀️ to avoid any unnecessary issues regarding full authority versus limited authority.


I hope this has been helpful to you. Should you have any questions, please feel free to reach out to me.


I'm Kevin with Kevin Scott Real Estate, EXP Realty in South Bay beach cities of Los Angeles. Turning houses into homes. 🏡

Did you know over 88% of buyers and sellers worked with a real estate agent?

How to Avoid Probate!

July 13, 2021

By Kevin Scott

Here is something that might be in the back of your mind, What happens to the house when mom and dad pass? I heard something about this thing called probate, what is it, and how do we avoid it?

Hi, I’m Kevin Scott with Kevin Scott real estate with eXp realty, here in the South Bay Beach Cities of Los Angeles.


Probate is a process that happens when loved ones pass on without a Trust in place. You may be asking yourself if there is a will in place. With or without a will in place, the heirs will still need to go through a probate process that involves the court system, and typically lawyers. If there is no will in place, the courts will appoint an administrator of the estate. If there is a will in place, there will most likely be an executor of the estate named within the will. The court will deem whether the administrator or executor has limited authority or full authority. I’ll speak more about these terms in my next video.


A sure-fire way to avoid all of this, is if your loved ones form a trust for the property and the assets of the estate. This must be done prior to passing and with sound mind. Within the trust, there will be a named successor trustee. This successor trustee will have full authority over the estate and will not need to proceed to the courts for approval on what to do with the estate after the loved ones have passed.


I would highly recommend talking to an estate planning attorney, to avoid any costly processes later on. A little upfront planning and costs can save you both heartache and money, allowing you to celebrate the life of your loved ones.


I hope this has been helpful to you, should you need any recommendations for estate planners, please feel free to reach out to me.


I’m Kevin Scott with Kevin Scott real estate with eXp realty, here in the South Bay Beach Cities of Los Angeles turning houses into homes.

July 2021 National Housing Market Update

July 13, 2021

By Kevin Scott

Will inventory go up soon is the big question in today’s market. Will we experience another housing bubble like 2008? We know it feels like the wild, wild west out there when trying to buy a home.


Hi, I’m Kevin with Kevin Scott real estate with eXp realty, here in the South Bay Beach Cities of Los Angeles.


Ivy Zelman from the Z Report says,

“This month our broker contacts report a continuation of robust demand and intense competition from buyers to ‘win’ houses - with bidding wars, all-cash offers, waived contingencies and rent-free leasebacks are increasingly common in many markets”.


So much is happening across the country in real estate right now, but the biggest story certainly is the lack of inventory – they’re calling it “robust demand, and intense competition.” We’re seeing a lot of bidding wars. A reason for this is we don’t have the number of sellers we need for today’s market. This is causing buyer fatigue for those that keep getting outbid, often by all-cash offers. Soaring prices of lumber have slowed construction down nationwide. This is also affecting the amount of current inventory.


We don’t want this to discourage you from going out and buying a home this summer. Homeownership is very important. It gives you the ability to build equity, as well as many non-financial benefits. Gallup’s polls show that 41% of Americans still believe that Real Estate is the best long-term investment for the past 11 years. We expect prices to continue to grow, If you’re thinking about buying - do it now.


We’re always here to help and keep you informed at Kevin Scott Real Estate, so give us a call and we can help you navigate today’s market. Turning Houses into Homes

January 2021 Market update!!

January 13, 2021

By Kevin Scott

Realtor.com you see a V market, which was just as predicted back in March when the pandemic started. The market has recovered and is even lookin better than when the pandemic started. Back in March, we were at 106.5 and now we are at 112.8.


Yes there was a definite dip in the housing market when the pandemic first started but now as you can see here, the market dipped and then took a strong and steady rise, and now we are stronger than back in March. This analysis measures 4 things. One being the Demand for homes: meaning are buyers wanting to buy, Two, it measures the Supply or Inventory, the number of homes on the market. It also analyzes Pricing, are homes prices going up or down, and lastly The Housing Recovery Index measures Time on Market. Inventory and interest rates are in my opinion some of the strongest indicators of why we are seeing such an increase in housing activity.

There is a lack of supply and high demand because interest rates are at all-time lows. Also, if you look at the number of active forbearances, and just to remind you a Forbearance is deferment of mortgage payments. The number of Active Forbearances has been declining almost every month. Also, if we look at when homeowners exited their forbearance plan, you’ll see that 54.6% are paid in full, 30.7 are working out repayment plans and 14.7% are still in trouble. The thing to be concerned about is that 14.7% very well turn into a short sale or foreclosure, so that is something to be made aware of.


The market is still hot and buyers are active. Look out for more information about the housing market and how it may affect you. I’m Kevin Scott with Kevin Scott Real Estate, eXp Realty. In the South Bay Beach Cities of Los Angeles Turning houses into homes, and we’re always here to help.


Reach out anytime even if you’ve just had questions. We’d be more than happy to help. Stay safe everyone!!


What is your property condition?

July 13, 2021

By Kevin Scott

So you might be a first-time home seller, And wondering what the most cost-effective improvements would be to make when selling your home. In my previous video, I talked about pricing and condition plays a huge role in pricing your home.


Hi, my name is Kevin Scott with Kevin Scott Real Estate, EXP Realty here in the South Bay Beach city of Los Angeles. If you would like to view that video or others about the process of selling, then check out my YouTube channel, Kevin Scott Real Estate. Condition, condition, condition.


When you're thinking about selling your home, you have to put your buyer's eyes on. Think about what expectations would be if you were a buyer for your current home. Is the carpet old and worn out? Is the landscaping tired and unkept? How clean is your home? When was the last time you serviced your HVAC system? How old is your roof, AC unit, or water tank? Have you just kind of dusted your home or does it really need a deep cleaning?


All these things reveal pride in ownership and buyers have a keen eye for these details. What may seem like minor details to you can be extremely important when you're competing with other homes on the market. We have an excellent checklist of things that you need to consider when preparing your home for the open market. When you list your home, it is no longer a home, but a product on an open market.


We also offer staging consultations. Once we've had the stager visit, now it's time to make the magic happen with professional photography, drone work, and video production.


But I'll go more into depth on that in the next video. If you'd like more information about preparing your home for sale or would like a good comprehensive market analysis of your property, click the link below.


Our goal is to help you some more confidently and move on. Turn your next dream house into a home

How to price your home correctly!

July 13, 2021

By Kevin Scott

Are you thinking about selling your home and not exactly sure what the best price would be? Is the Zestimate on Zillow an accurate tool? These are good questions and shouldn't be taken lightly.


Hi, my name is Kevin Scott with Kevin Scott Real Estate eXp Realty here in the South Bay beach cities of Los Angeles. In my previous video, I talked about appraisals and why it's so important to price your home correctly from the start.


If you'd like to see that video or others about selling your home, check out my YouTube channel, Kevin Scott Real Estate, but back to pricing your home correctly.


The first best step is to fill out our free CMA form, so we can do a thorough evaluation of your property location, size, and amenities, compared to other similar homes that have sold in your area. You only get one shot at pricing, so it's important to have as much information as possible from the start. Once the price is established and a property is listed, it is tough to go back and raise the price with any expectation of success. The listing will maintain the history as well as sites like Zillow and realtor.com in regards to your pricing. And once a buyer sees a lower price, the odds of them paying higher are not in the seller's favor.


On the flip side, if you overprice your home, it will sit on the market longer than necessary. And buyers will either wonder what's wrong with the property or realize very quickly that it doesn't stack up to other similar properties in the area. So the question remains, how do you price correctly?


A good, qualified real estate agent understands the market and will look at absorption rate and current and past inventory to give you a good, qualified range. Once you have that range, it is up to you, the seller, to decide what best fits your needs. The absorption rate will tell us how many months it will take the current market to absorb several properties. A normal market is three to six months of inventory.


We are still in a huge, low inventory market, which is great for the sellers. If you'd like a comprehensive evaluation of your home value, click on the link below. There are many factors that go into the successful sale of a home pricing correctly, and it is very important, but so is the condition of the property, but we'll go into that next time.


Our goal is to help you sell confidently and move on. Turn your next dream house into a home.


Pricing Your Beach Cities CA Home - Redondo, Hermosa, Manhattan Beach & Torrance Real Estate

December 8, 2020

By Kevin Scott

If you are a first-time seller who is considering a move up in home size, it is very important, now so more than ever, to price your home well with your initial listing price. Here’s why!

Hi, my name is Kevin Scott with Kevin Scott Real Estate, eXp Realty. Here In the South Bay Beach Cities of Los Angeles.


In my previous video, I touched a little bit about overpricing and how that can lead to issues with appraisals. If you would like to see that video, or others in this series, check out my youtube channel Kevin Scott Real Estate. You’ll find that video and more, about the South Bay Beach Cities area and real estate in general.


If you are a move-up seller in the South Bay Beach Cities, meaning you have to sell but need to use the equity in your current home for a good down payment on the next one, then it’s crucial that you price your home correctly from the start. If you overprice and land a contract at an inflated value that the homes that sold before you need to justify the price you’ve been offered, these are called comps or comparable homes. You may end up renegotiating based on the appraised value. All of the appraisers in our area use the same data that real estate agents use, to assess a value for your home. We are required to use previously sold homes in the last 6 months to obtain a good solid price for homes that we list.


Buyers in a first-time home purchase situation usually don’t have extra cash saved up to pay more than the home appraises for, and it would be a bad investment for them if they did. We can avoid this situation altogether, with a good strong market evaluation. This will be your first best step to make sure you,


A. Don’t underprice your home and

B. Don’t overprice it either.


Both come with downfalls, but I’ll go over that next time. If you want more information about your home’s value click the learn more button below.


I’m Kevin Scott and I hope this has been helpful to you.

What Buyers want

November 16, 2020

By Kevin Scott

Last time I talked about the first step in selling your home and today I’m going to expand on What current buyers are looking for and leaning towards, in this crazy seller’s market. As a first-time home seller, do you know if your home checks all the boxes that buyers are looking for?

Hi, my name is Kevin Scott with Kevin Scott Real Estate, eXp Realty. Here In the South Bay Beach Cities of Los Angeles.


If you want to know what the first step is in selling your home, check out my youtube channel Kevin Scott Real Estate. You’ll find that video and more, about the South Bay Beach Cities area and real estate in general. But back to what buyers are looking for. Move-in ready is still the top seller. If your home needs some updating, a buyer is going to respond in kind, with an offer that reflects the quality of the home. Most people still won’t spend more than they should for a property even when the market is strongly in the seller’s favor. But if someone decides they love it so much that they agree to pay an inflated price, because they are using a loan in most cases, the home will still have to appraise for the contracted price. This is the biggest obstacle we’ve been facing lately, homes not meeting the appraisal value, coming in lower than the contract price because of the condition – not move-in ready.


Appraisals coming in lower, under contract price, are much more common now than in years past. Sellers are aggressively overpricing homes trying to get as much as possible, not concerned with the fact that the house must appraise. But that’s a whole other issue that I’ll talk about next time.


If you would like more in-depth information about selling your home click the learn more button. We’re here to make your real estate hopes and dreams come true because our focus is always real estate relationships and results.

Selling your home for the first time?

November 16, 2020

By Kevin Scott

Home selling for anyone can be stressful, but if it’s your first time, it’s a huge learning curve. If you have a loan on your home, you will have to sell your home first, before you can buy another. In the real estate world, this is called a contingency and can be a tricky proposition if you don’t know what you’re doing.


Hi, my name is Kevin Scott with Kevin Scott Real Estate, eXp Realty. Here In the South Bay Beach Cities of Los Angeles.


Thankfully, we are well versed in contingency sales, and we know how to safely walk our clients thru what can be a challenging endeavor. First things first, we need to establish what your goals are, and if you have enough equity and available cash to achieve your plan.


If you are planning to buy here in Hermosa Beach or Redondo Beach, or any of the South Bay Beach cities really, you need to be in the best possible offer position. Equity and available cash are the 2 main factors that will get you there. Thankfully, our market is still a seller’s market and sellers are in a better position than ever before. We’d be happy to do a complimentary market analysis of your home and give you a strong conservative evaluation so that you can make a good qualified decision. We offer a litany of cutting edge digital marketing tools, and we are glad to put our expertise to work for you too.


For a free market analysis of your home, click the link below. We’re here to make your real estate hopes and dreams come true because our focus is always real estate relationships and results.

Finance Your Move In Rehab with a 203K FHA loan

November 14, 2020

By Kevin Scott

If you want to buy a home that needs a lot of repairs and doesn’t qualify for a standard loan, don’t freak out, cos there is a loan program that can help!


Hi, my name is Kevin Scott with Kevin Scott Real Estate, eXp Realty. In the South Bay Beach Cities of Los Angeles.


The FHA backed - Section 203(k) (HUD) loan program may be a good option for you. This program allows you to finance the purchase of a house and include a portion of the repair costs into a single mortgage.


The 203(k) loan is for the rehabilitation and repair of residential properties, from single-family homes up to 4 unit buildings. The loan downpayment can be as little as 3 percent. So the property must be used as a principal residence.


A portion of your loan is used to pay for the purchase of the home, the remainder is placed in an interest-bearing account on your behalf and released in stages as rehabilitation is completed.

You should contact a HUD-approved lender who will help you understand the next steps and details of the 203(k) loan program.


I hope this has been helpful to you, and as always, feel free to contact me with any questions, Or if you need I can put you in touch with a lender.


I’m Kevin Scott with Kevin Scott Real Estate, eXp Realty. In the South Bay Beach Cities of Los Angeles. Turning Houses Into Homes.

10 No No's While in Escrow

October 31, 2020

By Kevin Scott

The 10 Must NOTS When in Escrow

Once you find your dream home, we need to make sure you get to move into it. These are the ten MUST NOTS once you’re in escrow on your home. Oh my goodness, so many buyers make these crucial mistakes after they’ve gone into contract with their dream home. Hi, my name is Kevin Scott with Kevin Scott Real estate, exp realty.

Feel free to reach out to me if you’d like, I can go into more detail on any of these. Once you go into a contract don't do any of the following.

1. Don’t change jobs, become self-employed, or quit your job.

2. Don’t buy a new car, van, or truck or you may end up living in it.

3. Don’t use any charge cards or let your accounts fall behind.

4. Don’t spend any money you have set aside for closing.

5. Don’t omit any debt or liabilities from your loan application.

6. Don’t buy any furniture even if the payment is deferred until after closing.

7. Don’t allow any additional inquiries on your credit except for insurance purposes.

8. Don’t make any large deposits or take out any large deposits without first checking with your lender or your agent.

9. Don’t change bank accounts.

10. Don’t co-sign on a loan for anyone, no matter what, and be sure to tell your lender if you already are a co-signer for anyone, that debt goes against you.


I hope this helps, we want to make sure that you understand how to keep your home and actually close once we help you find it. Give us a call and we’ll be sure to give you more information about how to stay safe and assure, we can close on your home once you’ve gotten your offer accepted.

Are you thinking about buying a home?

October 31, 2020

By Kevin Scott

Are you thinking about buying a home in the South Bay, but don’t know where to start? Well first off you need an agent who is there to protect you and who has your best interest at heart.


There are so many pieces to purchasing a home and if you’re not careful it can cost you thousands of dollars. Hi, my name is Kevin Scott with Kevin Scott Real estate, exp realty.


Here’s the best part, I’m free. It doesn't’ cost you anything to work with me, the seller pays my fees. The seller has an agent who is representing them and their best interest and you need one too.

We’re here to guide you through every phase of the transaction. From finding you that perfect home and making professional recommendations as to what you should or shouldn’t do throughout every phase of the transaction.


We guide you through making an offer, on positioning yourself on getting your offer accepted even when there are competing offers. We make suggestions on what you should and shouldn’t be asking for, financing strategies, what inspections you should have, repairs, whats costs are customary for the buyer to pay and what is customary for the seller to pay.


We go over contingencies, and so much more. We are here to hold your hand and guide you through the entire process to ensure you make the right choice, so you don’t spend money unnecessarily. We are here to be your support system, even after we give you the keys to your new home.


Please reach out and let us help you on your way to homeownership. We’ve got you covered.

Disruptive Digital Marketer

October 31, 2020

By Kevin Scott

When was the last time you went shopping online? Amazon, Google?

Well, guess what? real estate is really no different.


When you are selling your home, placing a yard sign on the front lawn, and sticking it on the MLS, that’s basic. Are you missing out on social media platforms with the most traffic?


Hi, I’m Kevin Scott with Kevin Scott real estate brokered by exp realty. In the South Bay Beach Cities of Los Angeles.


You need maximized exposure to get your home in front of the most potential buyers.

95% of buyers search online for their homes, and 77 % use social media to search. yet only 16% of agents use social media in their marketing strategy. And Only 1% are doing it correctly. As a real estate professional, I want to offer more and better so I work with a disruptive strategic, digital marketing plan that places your home in front of thousands of potential buyers weekly. You are probably looking at this video as a result of those efforts.


Now if you like to hear more about how I use the tools of Fortune 500 companies to place your home in front of more buyers, give me a call I’m Kevin Scott with Kevin Scott real estate eXp realty. In the South Bay Beach Cities of Los Angeles. Turning Houses into Homes.

Had a Short Sale, so you think you can't buy again?

October 9, 2020

By Kevin Scott

Have you ever had a short sale a foreclosure, or bankruptcy and you think that you can't purchase a home in the Beach Cities of the South Bay? Guess what, most people are incorrect. There is still hope, you can still buy again, but we need to teach you and talk to you about what options are available for you so don't be all gloomy. Cos the weather here in Redondo Beach and Hermosa Beach is gorgeous. You can still own a home, but let us guide you and support you and help get you on the road to recovery.


I’m Kevin Scott with Kevin Scott Real estate, eXp realty In the South Bay Beach Cities of Los Angeles. Turning Houses into Homes!

We'll talk soon!

Why you need a an Approval rather than just a pre-qualification.

October 6, 2020

By Kevin Scott

Why you need an Approval rather than just a pre-qualification. Hi, my name is Kevin Scott with Kevin Scott Real Estate, eXp Realty. In the South Bay Beach Cities of Los Angeles.

Here in Redondo Beach and Hermosa Beach, It can end up costing you thousands of dollars if you truly aren’t qualified.


A pre-qualification is NOT a true approval it's the initial step in the home loan process where you just discuss your financial situation with the loan officer, but nothing's verified.

The approval is where the buyer actually provides the lender with all of the necessary documentation to tell them what they are approved for, which loan product is the best option for them, and give the buyer a better idea of the interest rate.


You want to go through the entire approval process. Where the lender has done things like verified your employment, seen your taxes, looked at your bank statements, they’ve truly verified everything you will need in order to let you know how much they will loan you and what your payment will be.


It’s essential that you do this, otherwise, you could stand to lose your initial deposit and any money that you’ve spent on things like inspections or the appraisal.


Don’t fall into that trap, call us in Redondo Beach and Hermosa Beach, and let us walk you through the safest and most strategic way to become a homeowner and don’t forget, it’s free to have an agent represent you, the seller pays for our fees but we are here to protect your best interest.


I’m Kevin Scott with Kevin Scott Real Estate, eXp Realty. In the South Bay Beach Cities of Los Angeles. Turning Houses Into Homes.

Sell your Home Faster and For More Money with this easy tip!

September 20, 2020

By Kevin Scott

Fresh paint and new carpet can help a home sell faster and for more money - BUT only if the paint and carpet are just right!!

When sellers ask if they should paint or install new carpet prior to listing,

I will almost always say, "Do it!"


Hi, this is Kevin Scott at Kevin Scott Real Estate brokered by exp realty. In the South Bay Beach Cities of Los Angeles.


Here are some great choices for paint colors that buyers love ….You can pick these up at Sherwin Williams in Hermosa Beach and Torrance locations.

Sherwin Williams Silverpointe SW 7 6 5 3,

Sherwin Williams Alpaca SW 7022,

and Sherwin Williams Agreeable Gray SW 7029.!!


And you can't go wrong with freshly painted WHITE trim - buyers love it!

Regarding carpet - even though you're moving, don't put the cheapest carpet in the home. You'll yield a higher sales price if you go with carpet the buyer can enjoy for the next several years - and believe me buyers can spot cheap carpet.


Here are a couple of good choices from Home Depot in Torrance or Redondo Beach:

Cobblestone SKU 1003-363-324

and Trendy Threads SKU 300336036.


As you can see, we're not talking about white carpet anymore. These are both in the gray-beige range - not too gray and not too brown. The intent is to choose something that will go with most buyers' decor. I hope this helps as you prepare to sell your home.


If you have any other questions about how to get your home ready or if you'd like me to run a market analysis for your home, give me a call.


This is Kevin Scott with Kevin Scott real estate brokered by exp realty. In the South Bay Beach Cities of Los Angeles, Turning houses into homes.

How to buy Real Estate in a competitive Market

September 20, 2020

By Kevin Scott

Don't look now but we are back in a competitive real estate market. Here's how to put in a winning bid without overpaying.Hi Im Kevin with Kevin Scott Real Estate brokered by eXp Realty In the South Bay Beach Cities of Los Angeles.


If you’re in the market for a new home, in Redondo Beach, Manhattan Beach or Hermosa Beach, you may want to follow these tips to give yourself a leg-up on the competition and increase your chances of securing the home of your dreams, even in a hot market. The same goes for Torrance, Palos Verdes and Carson areas.


1 GET PRE-APPROVED FOR A MORTGAGE

Before you even begin looking at houses, get pre-approved for a mortgage. In Redondo Beach, A seller's agent will not even look at your offer if you are not pre-approved. Save yourself time - and disappointment - by speaking to a mortgage professional today to get the ball rolling. Just pause this video and do it now! That's how important it is.


2 MAKE THEM AN OFFER THEY CAN'T REFUSE

Once you are pre-approved and you’ve found the home of your dreams, you are ready to submit an offer that even Don Corleone would have a hard time turning down.

Keep in mind, there are four main items that sellers look at in an offer and I will speak to each of them: The four items are: Purchase price. Deposit. Closing date. And conditions. I will speak to each of these:


3 PUT IN YOUR BEST PRICE

One of the biggest mistakes home buyers make is they put too much emphasis on the asking price. In a seller’s market, The asking price is starting point and not an indication of value. Sometimes, the asking price is low on purpose, to generate multiple bids. And if you're in competition, guess what? The seller will not bother negotiating with a low ball offer. They will just take the best one.


To determine the market value of the property, make sure your agent does due diligence and gives your his or her estimated market value. It may be under asking or over asking. This is another reason why you need a good buyer's agent, to make sure someone is looking out for your best interests, not the seller's. The listing agent is working for the seller, so his or her job is the get as much money for the seller as possible. Saving a few bucks off the asking price may sound like a good deal but in reality, you may still be overpaying. That is why you need your own agent to do the research.


4 MAKE A SIZE-ABLE DEPOSIT

Sellers are more likely to accept an offer with a larger deposit because that speaks to the seriousness of the offer. 5% of the purchase price should be enough but anything less than 3% will likely raise flags for the seller.


5 BE FLEXIBLE WITH CLOSING

The closing date usually takes a back seat to the purchase price but in some cases, the sellers will require either a long closing or a short closing. The more flexible you can be with closing, the better your chances of acquiring the property, even if you don't have the highest bid.


6 SUBMIT THE CLEANEST OFFER POSSIBLE

The fewer conditions and contingencies you have in the offer, the better your chances, but don't do anything that puts your purchase at risk. If your pre-approval comes in much higher than the purchase price, I still wouldn’t recommend dropping the financing condition. I would also not drop the home inspection contingency, unless an inspection report was already provided by the seller for you. If you are comfortable with that inspection report, you can go ahead and remove that contingency from your offer, it will go a long way.


Another example is, making your offer condition to selling your current home. This is a tough one in a competitive market. This is why you need a good buyer's agent, to help guide you through the process and give you valuable insight.


An all cash offer is usually a leg up, don’t think you can do that? Think again, my lender has a couple of fantastic programs that can help with some of these issues, but you need to contact me to learn more.


I Hope these buyer tips help. For more info, please don't hesitate to contact me, I’d love to hear from you. Have a fantastic day and good luck on your next offer!


I'm Kevin with Kevin Scott Real Estate brokered by eXp Realty In the South Bay Beach Cities of Los Angeles, Turning houses into homes!

5 Myths about Real Estate

September 14, 2020

By Kevin Scott

With so much information available about residential real estate I’m surprised that I keep hearing some of the same misinformation over and again. Hi, I’m Kevin Scott with Kevin Scott Real Estate brokered by Exp Realty, today I wanted to share with you the top 5 myths about residential real estate.

Why Use An Agent When Buying

Or Selling Your House?

September 14, 2020

By Kevin Scott


According to the National Association of Realtors, 89% of sellers were assisted by a real estate agent when selling their home. Furthermore, 88% of buyers purchased their home through a real estate agent or broker.


The facts are clear. When you are looking to buy or sell your Revere home, going with a trusted real estate agent makes sense. Let’s face it, buying a house is one of the biggest decisions you will make in your life. Unfortunately, buying or selling a home isn’t always clear-cut or easy. That’s why having an expert like United Brokers at your side to navigate the paperwork and nuances of buying or selling your house makes sense.

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